Essay about Econmics

5447 Words 22 Pages
Compared with

Capitalism and Socialism
By Abdul Husain Muhammad 2nd Edition 1975

Published By World Organization for Islamic Services, P. O. Box No.11365-1545, Tehran. (IRAN)

IN THE NAME OF ALLAH, THE MOST COMPASSIONATE, THE MERCIFUL. Praise belongs to Allah, the Lord of all. beings; the Most Compassionate, the Merciful; the Master of the Day of Judgment; Thee only we serve, and to Thee alone we pray for succour; Guide us in the straight path; the path of those whom Thou hast blessed, who are immune from Thy wrath and have never gone astray.

O'Allah! send your blessings to the head of your messengers and the last of your prophets, Muhammad and his pure and cleansed progeny. Also send your blessings
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It is needless to say that this shameful situation has resulted from ignorance. It is the dreadful ignorance about Islamic ideals, concepts, and philosophy. Anyone is shocked at comparing the magnificent role played by Muslims in history, and seeing today's Muslims. It is acknowledged that Muslims had performed remarkable achievements in every field such as, astronamy, algebra, geometry, chemistry, optics, and medicine........ The human and organisational fields received their full share also, where the form of government is formulated, wealth is evenly and justly


distributed, rights are protected....... The topic of this booklet is the economic system in Islam. This might cause astonishment among Muslims who received Western style edu cation. They are taught that religion is a mere relation between God and man. They are told that religion has nothing to do with society, its welfare and organisation. This world is Caesar's Kingdom, while God's Kingdom is the next world. Islam firmly rejects these foreign ideas, and dictates that both worlds are belonging to God alone, and it is the Heavenly light which truly guides towards prosperity. The Muslim Youth Association, which came into existence last year, is striving to perform the required Islamic duties. This series of booklets is a humble work, which we seek through it discharging the big responsibility resting on our shoulders. It is a small contribution towards the awakening of Muslims, and aid them

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